Itonis (Itonis) Inventory Turnover : 0.00 (As of Feb. 2008)

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What is Itonis Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Itonis's Cost of Goods Sold for the three months ended in Feb. 2008 was $0.00 Mil. Itonis's Average Total Inventories for the quarter that ended in Feb. 2008 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Itonis Inventory Turnover Historical Data

The historical data trend for Itonis's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Itonis Inventory Turnover Chart

Itonis Annual Data

Trend

Nov05

Nov06

Nov07

Inventory Turnover

Itonis Quarterly Data
	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Itonis Inventory Turnover Calculation

Itonis's Inventory Turnover for the fiscal year that ended in Nov. 2007 is calculated as

	Inventory Turnover (A: Nov. 2007 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2007 )	/ (	(Total Inventories (A: Nov. 2006 )	+	Total Inventories (A: Nov. 2007 ))	/	count )
=	0.174	/ (	(0	+	0)	/	1 )
=	0.174	/	0
=	N/A

Itonis's Inventory Turnover for the quarter that ended in Feb. 2008 is calculated as

	Inventory Turnover (Q: Feb. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2008 )	/ (	(Total Inventories (Q: Nov. 2007 )	+	Total Inventories (Q: Feb. 2008 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Itonis (OTCPK:ITNS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Itonis's Days Inventory for the three months ended in Feb. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2008 )	/	Cost of Goods Sold (Q: Feb. 2008 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Itonis's Inventory to Revenue for the quarter that ended in Feb. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2008 )	/	Revenue (Q: Feb. 2008 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Itonis Inventory Turnover Related Terms

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Itonis (Itonis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Itonis Inc (OTCPK:ITNS) » Definitions » Inventory Turnover

Comparable Companies

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Traded in Other Exchanges

N/A

Address

22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630

Website

http://www.itonisholdings.com

Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

Itonis (Itonis) Headlines

From GuruFocus

Itonis, Inc. announces “Emesyl® Plus” homeopathic nasal spray containing Premium Hemp Oil

By Marketwired Marketwired • 09-26-2018